Opinion poll points to Tory victory EUR/GBP

FX:EURGBP   Euro / British Pound
The British Pound rose on statistics published by YouGov. YouGov is an international research data and analytics group headquartered in London that closely predicted the 2017 election. The poll suggested that Tories will win a majority of 68 seats in the Dec. 12th election.

The economic calendar is light, tomorrow morning at 10am GMT we have the release of Eurozone CPI and Unemployment Rate.

EUR/GBP on a Daily TF is visiting 2019 lows, currently trading around 0.85132.

Parabolic SAR is still pointing down, although close to the price. All three EMAs 200, 50 and 9 are pointing down. Ichimoku cloud bias is bearish . DMI is registering a strong (41) downtrend.

Resistance: R1 0.85815, R2 0.86320
Support: S1 0.84882, S2 0.83822, S3 0.82970

All eyes remain on UK Election updates. There are several debates scheduled on different networks, ITV will have a debate on December 1st, and BBC is planning to host two debates on November 29th and December 6th .


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